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GENESIS AND SOCIO-PHILOSOPHICAL ANALYSIS OF THE CONCEPT OF POVERTY

Nozimjon Q. KholmurodovResearcher Bukhara State University Bukhara, Uzbekistan
ABI

Abstract

The concept of "poverty" has been given different definitions and descriptions by scientists and researchers. We believe that poverty is a product of the changing income inequality and other social, economic, medical and demographic processes in a market economy, and the lack of the necessary goods for people's minimum consumption. Poverty, on the other hand, is the result of long-term poverty and means that a person does not have the ability to purchase the income and resources necessary for living.

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